- Gitcoin Grants, a populous Ethereum project, owns a strategy to collect capital. On the basis of quadratic funding.
- Gitcoin uses its CLR matching pool in rewarding projects, With Round 5, Gitcoin offers a pool of $250k for matching.
- some of the projects that are believed to add strong value within the blockchain ecosystem are listed in this article.
Gitcoin Grants, a populous Ethereum project, owns a strategy to collect capital. On the basis of quadratic funding, Gitcoin uses its CLR matching pool in rewarding projects based on the number of individual donors and the largest section of the matching pool is offered to those who receive donations from most individual accounts .
With Round 5, Gitcoin offers a pool of $250k for matching. Throwing light on some of the projects that are believed to add strong value within the blockchain ecosystem are:
White Hat Hacking
Some of the projects hacking has helped protect include Synthetix, Kyber, Nexus Mutual and 0x Protocol. White Hat Hacking offers a best way to support research that often faces bugs, runs on mainnet and has an amount of money at stake. Saving top DeFi projects from millions of dollars in losses by pointing out flaws and indications of disruption in code prior to them being attacked is crucial.
This also seems like a good time to announce that I've set up a Gitcoin account!https://t.co/sPR1Jt2axN
— (@samczsun) February 24, 2020
1inch.exchange – Fully On-Chain DEX Aggregator (1Split)
The ability to swap for the best on-chain DEX market price through one single transaction can be done through 1split.eth by people.It offers the integration of liquidity pools & native implementations such as Uniswap V2, SetToken, Synthetix, Uniswap Pools, Bancor Pools, Balancer Swap & Pools etc. and also offers Security audit alongside.
🥁MULTI PATH RELEASE!🥁🥁🥁
Big news! We extended our multi path swaps by $USDC and $DAI connector tokens to achieve better rates!
Swap for the best DEX price only on https://t.co/fLXva1SFRG!#DeFi pic.twitter.com/6H0o0p74yx
— 1inch.exchange (@1inchExchange) March 22, 2020
POAP (Proof of Attendance Protocol)
POAP (Proof of Attendance Protocol) owns a provision for the verification of attendance through collecting digital badges, all of which live on chain to the event nomads with a way to verify their attendance through collecting digital badges, all of which live on chain.
Each badge can be claimed only by receiving it at the event digitally. It has been successful in distributing around 7000 badges across more than 60 coveted events. It follows the strategy of hosting airdrops to badge recipients of particular events and Uses badges as sentimental collateral for lending. Provides Allowance of badges for special governance polls to be used as proxy.
— POAP (@poapxyz) April 2, 2020
Arboreum works on the addressing of large scale food crises in countries such as Yemen. It is aiming to develop a financial distribution model across participants that extend credits to their peers in the form of trust. This employs the splitting of a loan in afractal manner with accountability across a wider group of lenders. Hence, arboreum provides positive return lending opportunities to those who are unaware otherwise and to the borrowers who are in dire need of capital.
It owns synthetic assets with liquidity pools for the purpose of bridging traditional and digital finance. It aims to help create wallets and applications on any local currencies. To be able to bring more traditional users within the DeFi ecosystem it also helps create stock and commodities portfolios. Addition to that, it is also empowering in building products such as a non-custodial fiat-based trading platform for the purpose of margin trading and a fiat-based DeFi wallet.
Synthereum: traditional assets on Ethereum.
Gitcoin grant https://t.co/mMahzXFPWZ
Synthetic assets backed by cDAI. Over-Collateralized by a liquidity pool. LP can hedge exposure.
A thread v
— pascal.jarvis.eth (@pscltllrd) March 26, 2020